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Driven by the aggressive implementation of vehicle safety and pollution mandates, China has emerged as the world's fastest-growing country for sales of automotive microelectromechanical systems (MEMS), according to a new IHS iSuppli Automotive MEMS Market Brief from information and analysis provider IHS.China's automotive MEMS market is expected to expand to $387.9 million in 2015, up from $194.3 million in 2010. This equates to a five-year compound annual growth rate of 14.8 % significantly higher than the worldwide average of 9%. "MEMS are a key enabling technology to improve the safety and reduce carbon emissions in motor vehicles," commented Richard Dixon, senior analyst for MEMS and sensors at IHS. "With Chinas car sales booming and its sensor usage soaring, the country's automotive MEMS market is set for world-leading growth through the year 2015."Car market gets back in gearThe expansion of the global automotive MEMS market is being fueled by a revived passenger vehicle industry, which is projected to rebound from the economic slump. Production of passenger cars for the Chinese market is set to increase to 22.2 million units in 2015, up from 16.3 million in 2010.Overall,...more
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There are several reasons why a business may want to upgrade from AX to Dynamics 365 Finance and Operations:1. Cloud-based: Dynamics 365 Finance and Operations is a cloud-based solution, which means that businesses can access it from anywhere, as...more
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